Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Deduction u/s 80D - Deduction in respect of Medical Insurance Premia

Income Tax - Exemptions and Deductions - 10 - SECTION 80D Provisions of Section 80D for AY 2015-16 Eligibility Insurance premium paid for the health of the assessee or his family Individual / HUF are eligible Amount of Deduction: Deduction in the cas .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

igible Eligible - 25,000 25,000 A. Maximum deduction towards Premium / Contribution 25,000 25,000 25,000 A1 If the age of any of family or either of the parent is exceeding 60 years 30,000 30,000 30,000 B. Maxium deduction towards Actual Expenditure .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ent < 60 years**) = ₹ 50,000 Thus in individual can claim total deduction of ₹ 25,000 (family < 60 years*) + 30,000 (parent > 60 years**) = ₹ 55,000 Thus in individual can claim total deduction of ₹ 30,000 (family > .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version